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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Proceeds from Issuance of Common Stock $ 2,536 $ 2,390
Operating activities    
Net income 135,587 127,530
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 134,260 118,991
Deferred income taxes 9,099 36,637
Share-based compensation expense 7,153 6,195
Provision for doubtful accounts 4,600 6,758
Changes in assets and liabilities:    
Accounts receivable 160,053 159,574
Materials and supplies (12,455) (691)
Natural gas in storage (11,155) 3,673
Asset removal costs (38,101) (39,195)
Accounts payable (113,665) (63,857)
Accrued taxes other than income (435) 7,436
Customer deposits (3,652) 758
Regulatory assets and liabilities 20,196 100,268
Other assets and liabilities (2,942) (27,309)
Cash provided by operating activities 288,543 436,768
Investing activities    
Capital expenditures (305,797) (279,346)
Other (4,056) 0
Proceeds from Sale of Other Assets, Investing Activities 1,036 0
Cash used in investing activities (308,817) (279,346)
Financing activities    
Repayments of notes payable, net 95,500 (81,215)
Dividends paid (79,055) (72,432)
Tax withholdings related to net share settlements of stock compensation (7,468) (8,148)
Cash used in financing activities 11,513 (159,405)
Change in cash and cash equivalents (8,761) (1,983)
Cash and cash equivalents at beginning of period 21,323 14,413
Cash and cash equivalents at end of period $ 12,562 $ 12,430